Markets

Roma store 29 Nov 2016: NSW buyers lift demand

James Nason, 30/11/2016

Yarding 4600 Change -900

Yarding numbers declined again this week. The quality of store cattle penned improved with most cattle drawn from south west parts of State. A few consignments were yarded from north west Queensland properties. Restocker and feedlot buyer demand increased with NSW buyers lifting demand for suitable light and medium weight feeder steers. Nine pens of Angus steers, ranging from 250-350kg, sold to a NSW buyer for 410c/kg in one sale totalling $370,000. The quality of light and medium weight heifers varied in quality. Store cows held firm in price, while processor buyers displayed strong demand for good quality 4 score cows.

Light weight yearling steers topped at 412c and averaged between 350c and 397c/kg. Medium weight yearling steers to feed reached 410c and averaged 375c and those going back to the paddock hit 410c also and averaged 389c/kg. Heavy weight yearling steers earned to 366c and averaged 349c/kg. Light weight yearling heifers sold to 387c and averaged between 307c and 357c/kg. Good quality medium weight yearling heifers to feed sold between 330c and 322c/kg. Store cows made to 226c and averaged 217c, while heavy weight 4 score cows sold to 286c and averaged 267c/kg. – NLRS

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Livestock buyer, Noel Slattery, purchased nine pens of Angus steers for a New South Wales agent in Inverell at Roma’s Store Sale on Tuesday. The steers ranged from 250kg to 350kg and will all be backgrounded or immediately put into a southern feedlot. Picture: Martin Bunyard.

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